Discover an exceptional investment opportunity with this multifamily property in the sought-after Long Beach area. Boasting a 5,406 SF building with 8 two-bedroom units, this charming property, built in 1943, offers a prime location and impressive potential for a low-rise/garden investor. The added value opportunity provides the investor with the ability to purchase a heavily discounted asset and achieve above market returns through capital improvements and increased rental income. With its desirable address and strong rental demand, this property presents a lucrative investment for those seeking to expand their portfolio in the thriving Long Beach market. Take advantage of this chance to own a piece of Long Beach's rich real estate landscape.
Pending
Listing Provided by:
Rick Applebaum DRE #01273871 rma@morganskenderian.com,
Morgan Skenderian,
Damien Breaux DRE #01460301 949-662-2916,
Morgan Skenderian
$1,695,000
1930 E 7th St, Long Beach, CA 90813
16beds
10baths
5,406sqft
Est.:
Multi Family
Built in 1943
-- sqft lot
$1,619,100 Zestimate®
$314/sqft
$-- HOA
What's special
- 165 days
- on Zillow |
- 85 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 05:26am
Listing Provided by:
Rick Applebaum DRE #01273871 rma@morganskenderian.com,
Morgan Skenderian,
Damien Breaux DRE #01460301 949-662-2916,
Morgan Skenderian
Source: CRMLS,MLS#: PW24222871
Originating MLS: California Regional MLS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 10
Appliances
- Laundry: None
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,406
- Total interior livable area: 5,406 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 6,227 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 7266023027
- Zoning: LBCNR
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Gutters, Sidewalks
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $314/sqft
- Annual tax amount: $22,591
- Date on market: 10/28/2024
- Total actual rent: 10650
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